2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Norway-Czechia Trade: In 2022, Norway exported $2.04B to Czechia. The main products that Norway exported to Czechia were Petroleum Gas ($1.64B), Raw Aluminium ($82.7M), and Non-fillet Fresh Fish ($75.4M). Over the past 5 years the exports of Norway to Czechia have increased at an annualized rate of 46.7%, from $301M in 2017 to $2.04B in 2022.

In 2009, Norway exported services to Czechia worth $25.9M, with Computer and information services ($11.8M), Travel ($8.15M), and Government services, n.i.e. ($2.88M) being the largest in terms of value.

Czechia-Norway Trade: In 2022, Czechia exported $1.22B to Norway. The main products that Czechia exported to Norway were Cars ($482M), Computers ($77.8M), and Other toys ($36.5M). Over the past 5 years the exports of Czechia to Norway have increased at an annualized rate of 8.18%,  from $826M in 2017 to $1.22B in 2022.

In 2019, Czechia exported services to Norway worth $122M, with Travel ($44.2M), Transportation ($33.6M), and Computer and information services ($24.7M) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $2.04B to Czechia. The main products exported from Norway to Czechia were Petroleum Gas ($1.64B), Raw Aluminium ($82.7M), and Non-fillet Fresh Fish ($75.4M). During the last 5 years the exports of Norway to Czechia have increased at an annualized rate of 46.7%, from $301M in 2017 to $2.04B in 2022.

In 2017, Czechia exported $1.22B to Norway. The main products exported from Czechia to Norway were Cars ($482M), Computers ($77.8M), and Other toys ($36.5M). During the last 5 years the exports of Czechia to Norway have increased at an annualized rate of 8.18%, from $826M in 2022 to $1.22B in 2017.

Exports from Norway (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Czechia
Top Destination
Germany$75.3B

This map shows whether countries import more from Norway or Czechia. Each country is colored based on the difference in imports they receive from Norway and Czechia or the difference in the growth in imports.

In 2022, countries that imported more from Norway than Czechia included United Kingdom ($59.1B), Belgium ($20.3B), and France ($25.9B).

In 2022, countries that imported more from Czechia than Norway included Slovakia ($19.7B), Austria ($10.9B), and Poland ($16.2B).

Difference in imports from Czechia (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Czechia

Flow
Scale

This chart compares trade between Norway and Czechia by product, considering products traded by both, Norway and Czechia.

During 2022, Norway had a large net trade with Czechia in the exports of Mineral Products ($1.65B), Metals ($146M), and Animal Products ($103M).

During 2017, Czechia had a large net trade with Norway in the exports of Transportation ($515M), Machines ($313M), and Metals ($117M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Czechia+$21MRaw Aluminium
Top Product Potential Czechia Norway+$68.1MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2009, Norway exported services to Czechia worth $25.9M, with Computer and information services ($11.8M), Travel ($8.15M), and Government services, n.i.e. ($2.88M) being the largest in terms of value.

In 2019, Czechia exported services to Norway worth $122M, with Travel ($44.2M), Transportation ($33.6M), and Computer and information services ($24.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Czechia (Flag) (2009)

Services Exports from Czechia (Flag) to Norway (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and Czechia. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Czechia (Flag) (2022)

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